Offer at a glance
Maximum bonus amount:
Availability: Visit one of the following Austin Bank locations to open your account:
Cleveland, Lufkin, Montgomery, or Creekside Park in The Woodlands
Direct deposit required: Optional
Additional requirements: See below
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: $10, avoidable
Early account termination fee: Unknown
Household limit: None
Expiration date: December 31, 2024
The Offer
Austin Bank is offering a $300 bonus when you open a new checking account and complete the following requirements:
Make at least 12 debit card transactions per month (ATM withdrawals are excluded from this count).
Access online banking at least one time per statement period.
Receive one direct deposit or one direct debit per statement period.
Maintain a valid email address.
The Fine Print
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
$1,000 minimum balance required to avoid $10 monthly service charge. Service charge will be waived if all other account requirements are met.
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
Shame it has to be opened in branch but at least you should be able to ask if it’s a hard or soft pull before opening.
Hat tip to Bockrr
Useful posts regarding bank bonuses:
A Beginners Guide To Bank Account Bonuses
Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
PSA: Don’t Call The Bank
Introduction To ChexSystems
Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
What Banks & Credit Unions Do/Don’t Pull ChexSystems?
How To Use Our Direct Deposit Page For Bank Bonuses Page
Common Bank Bonus Misconceptions + Why You Should Give Them A Go
How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
Affiliate Links & Bank Bonuses – We Won’t Be Using Them
Complete List Of Ways To Close Bank Accounts At Each Bank
Banks That Allow/Don’t Allow Out Of State Checking Applications
Bank Bonus Posting Times